5321 Satsuma Avenue, Los Angeles, CA 91601
  • MLS#: 24467095 ( )
  • Street Address: 5321 Satsuma Avenue
  • Viewed: 8
  • Price: $3,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 53
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 91601
  • Provided by: The Ryans Estates Group Inc.
  • Contact: Damoon Damoon
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Shovel ready double lot development opportunity in North Hollywood with all plans and approvals in place. Current plans call for 34,700 SqFt, 6 story building with 30 large units, including 6 future ADU conversions after C of O. Including the future ADUs there are 15 three bedroom units, 10 two bedroom units, and 5 one bedroom units. 3 units are to be Extremely Low Income. No subterranean, parking for 18+ cars is on the ground level. Buyer needs to record the low income covenant in their name to clear housing, pay some fees, and pull permit. MEP are RTI. Alternatively, buyer can go for fully affordable development and build 100+ units. Tenants are month to month and would move out with 30 day notice. Addresses are 5317 and 5321 Satsuma Ave. APNs are 2416 007 022 and 2416 007 023. Plans and approvals are available upon request.
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Features
Country
  1. US
Lot Dimensions Source
  1. Assessor
Parcel Number
  1. 2416007023
Postalcodeplus4
  1. 3347
Survey
  1. Survey Done
Zoning
  1. LAR3